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Lunar Bank Review 2026: Best Neobank for Nordic Countries?

🟢 Full Banking Licence ⭐ 4.6/5 · 22.0K reviews
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🌍 Nordic Countries Only

Lunar is only available in Denmark, Sweden, and Norway. If you are based outside these countries, see our full EU comparison instead.

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E

Editorial Team

EU Finance Researchers

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Overview

The leading Nordic neobank with a full Danish banking license — serves 1M+ personal customers and 40,000 businesses across Denmark, Sweden, and Norway; deepest Nordic market penetration of any digital-only bank

Regulatory Status & Deposit Protection

🟢 Full Banking Licence

Full Danish banking license (Finanstilsynet regulated, 2019); EUR 100,000 equivalent deposit protection (Danish DGS)

Pricing Plans

PlanDKK/mo~EUR/moKey Perks
Free Free Basic account, digital card
Standard DKK 39 ~€5.20 ~€5.20/month; day-to-day tools, auto savings, joint account
Plus DKK 79 ~€10.60 ~€10.60/month; travel insurance, +0.50% interest bonus
Unlimited DKK 149 ~€20 ~€20/month; metal card, highest interest, SAS card, unlimited accounts

Key Features

  • Full current account with Visa debit card
  • Automatic savings and round-up savings rules
  • Budgeting by category
  • Joint accounts
  • 1.05% interest on savings balance
  • Worldwide travel insurance (Plus/Unlimited tiers)
  • SAS EuroBonus co-branded card (Unlimited tier)
  • Business accounts with automated bookkeeping and bill payment

Pros & Cons

✅ Pros

  • • Full current account with Visa debit card
  • • Automatic savings and round-up savings rules
  • • Budgeting by category
  • • Joint accounts
  • • 1.05% interest on savings balance

❌ Cons

  • • Geographically limited to Nordics — not available to most EU customers
  • • Smaller product breadth vs. pan-European rivals (no investing/crypto)
  • • Niche brand outside Scandinavia
  • • Trustpilot score lower than top-tier peers (3.4/5 on neobanks.app Nov 2025)
💱

Foreign Exchange

No markup
Over limit: None on card spend globally

Visa interbank rate on all international card spend — no FX markup. Focused on Nordic cross-border use (DKK/SEK/NOK).

🏧

ATM Abroad

Fee: DKK 25 per ATM withdrawal abroad (~€3.35)

ATM withdrawals abroad: DKK 25 flat fee. Within Nordics: conditions vary by plan.

🛡️

Travel Insurance

From Plus tier
  • ✓ Worldwide travel insurance (Plus/Unlimited)
  • ✓ Medical emergencies
  • ✓ Trip cancellation
  • ✓ Luggage

Plus tier (~€10.60/month) includes comprehensive worldwide travel insurance. Unlimited tier includes enhanced cover.

🛋️

Airport Lounge

Not available

No airport lounge access on any tier.

🌍

Multi-Currency

3 currencies
DKKSEKNOK

Designed for Nordic multi-currency use across Denmark, Sweden, and Norway. Not a global multi-currency platform.

✈️ Travel Perks

  • Worldwide travel insurance from Plus tier
  • SAS EuroBonus co-branded card on Unlimited tier (earn airline miles)
  • No FX fees on Visa card spend
  • Designed for Nordic cross-border travel (DKK/SEK/NOK accounts)
  • MiCAR-authorised crypto for travel-related DeFi/spending

Services: Crypto, Investing & Savings

🪙

Cryptocurrency

Available
✓ Convert to fiat ✗ No external wallet
  • Buy & sell major cryptocurrencies
  • In-app crypto portfolio
  • Convert crypto to DKK/SEK/NOK
  • First Scandinavian neobank with full MiCAR CASP licence (October 2025)

Custodial; MiCAR CASP authorised

Compare crypto across EU neobanks →
🚫

Investments

Not available

Lunar does not offer investment products.

💰

Savings

Available
up to 1.55% p.a. Interest on Savings Balance

Base 1.05% + 0.50% bonus on Plus tier

Standard: 1.05%; Plus: 1.55%; Unlimited: 1.55%+ (tier benefits)

Compare savings rates across EU neobanks →
🏢

Business Banking

Available
Starter: Free Plus: DKK 99/mo (~€13) Pro: DKK 249/mo (~€33)
✓ Multi-user ✓ Expense management ✓ Invoicing ✓ API access ✓ International payments

Accounting: e-conomic, Billy, Dinero

Best for Nordic businesses (Denmark, Norway, Sweden). 40K+ business users. Integrates with Scandinavian accounting software. Danish banking licence with deposit protection. MiCAR-licenced for crypto services.

Compare all business accounts →
Free
Free
~€0/month; DKK 0
✗ No metal card ✗ No travel insurance ✗ No lounge
Savings: 1.05% p.a.
  • • Basic current account
  • • Digital card only
  • • Basic budgeting
Standard
€5.2/mo
~€5.20/month; DKK 39
✗ No metal card ✗ No travel insurance ✗ No lounge
Savings: 1.05% p.a.
  • • Physical Visa card
  • • Auto-savings rules
  • • Joint account access
  • • Day-to-day banking tools
Plus Best value
€10.6/mo
~€10.60/month; DKK 79
✗ No metal card ✓ Travel insurance ✗ No lounge
Savings: 1.55% p.a.
  • • Worldwide travel insurance
  • • 1.55% p.a. savings rate
  • • +0.50% savings bonus
  • • Priority support
Unlimited
€20/mo
~€20/month; DKK 149
✓ Metal card ✓ Travel insurance ✗ No lounge
Savings: 1.55%+
  • • Metal card
  • • SAS EuroBonus co-branded card
  • • Highest savings rate
  • • Unlimited number of sub-accounts
  • • Premium travel insurance

Our Verdict

Lunar is the strongest full-service neobank in the Nordic region — full Danish banking licence, 1M+ customers, and deep local market penetration in Denmark, Sweden, and Norway. Its 4.6/5 Trustpilot score reflects genuine user satisfaction. Outside Scandinavia, it is irrelevant; inside the Nordics, it is a top pick alongside Revolut.